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Pricing

2022
Exports $92.4MWorld Rnk 10 / 198
Flag Rnk 495 / 1214
2022
Destination $2.01M France
2021 - 2022
FASTEST GROWING MARKET $2.01MPortugal
2022
PRODUCT COMPLEXITY IN Scales0.96Rnk 184 / 1025
2022
Imports $110MWorld Rnk 12 / 220
Flag Rnk 503 / 1214
2022
Origin $1.98M China
2021 - 2022
FASTEST GROWING ORIGIN $1.98MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $92.4M in Scales, making it the 10th largest exporter of Scales in the world. At the same year, Scales was the 495th most exported product in Spain. The main destination of Scales exports from Spain are: France ($16.7M), Portugal ($9.63M), United States ($8.78M), Italy ($5.72M), and Germany ($5.17M).

The fastest growing export markets for Scales of Spain between 2021 and 2022 were Portugal ($2.01M), Turkey ($1.39M), and United States ($1.34M).

Imports In 2022, Spain imported $110M in Scales, becoming the 12th largest importer of Scales in the world. At the same year, Scales was the 503rd most imported product in Spain. Spain imports Scales primarily from: China ($46.6M), Germany ($23.4M), Denmark ($7.07M), Netherlands ($5.5M), and United Kingdom ($5.28M).

The fastest growing import markets in Scales for Spain between 2021 and 2022 were United Kingdom ($1.98M), Netherlands ($1.56M), and Denmark ($1.26M).

COMPANIES In 2023, leading companies such as Riviana Foods (1) were at the forefront of shipping Scales from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Scales exports accounted up to €8.24M and imports accounted up to €8.14M, resulting in a positive trade balance of €99.3k. Between June 2023 and June 2024 the exports of Spain's   Scales have increased by €313k (3.95%) from €7.92M to €8.24M, while imports decreased by €-1.69M (-17.2%) from €9.82M to €8.14M.

Destinations In June 2024, Scales were exported mostly to Portugal (€2.59M), France (€977k), Mexico (€913k), Poland (€550k), and Turkey (€516k), and were imported mostly from China (€3.76M), Germany (€1.59M), Austria (€416k), Morocco (€362k), and Netherlands (€278k).

Growth In June 2024, the increase in Scales's year-by-year exports was explained primarily by an increase in exports to France (€371k or 42.5%), Colombia (€225k or 517%), and Honduras (€167k or 20.9k%). In June 2024, the decrease in Scales's year-by-year imports was explained primarily by a decrease in imports from China (€-1.88M or -36.1%), Denmark (€-457k or -64.5%), and Poland (€-73.6k or -52.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€313k(3.95%)
IMPORT GROWTH (June 2023 - June 2024)€-1.69M(-17.2%)
MAIN EXPORTER (June 2024)Barcelona€3.29M
MAIN DESTINATION (June 2024)Portugal€2.59M

This section shows Scales's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$92.4M
IMPORTS (2022)$110M
NET TRADE (2022)-$17.6M

In 2022, Spain exported $92.4M in Scales. The main destinations of Spain exports on Scales were France ($16.7M), Portugal ($9.63M), United States ($8.78M), Italy ($5.72M), and Germany ($5.17M).

In 2022, Spain imported $110M in Scales, mainly from China ($46.6M), Germany ($23.4M), Denmark ($7.07M), Netherlands ($5.5M), and United Kingdom ($5.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$2.01M (26.3%)
Turkey$1.39M (260%)
United States$1.34M (18.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Spain WERE (2021 - 2022):
Italy-$1.7M (-22.9%)
Russia-$1.35M (-82.1%)
Nigeria-$1.25M (-69.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Scales were:
China $1.91B
Germany $683M
Japan $297M
In 2022, Spain's main importing competitors in Scales were:
United States $871M
Germany $296M
Netherlands $285M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.81M
TOP IMPORT POTENTIALFrance+ $1.97M

Scales’s highest export potential is United States. With an export gap of $3.81M.   Scales’s highest import potential is France with an import gap of $1.97M.

See methodology.

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